Description: This project shows how to use agent-based models to simulate the behaviors of agents in complex health systems.

Description: This is a research project on issues in applying credibility in group long-term disability (LTD) insurance.

Description: This survey of emerging risks attempts to track the risk manager population‘s thoughts about emerging risks across time. The top 4 emerging risks from this third iteration of the survey are: 1. US current account deficit/fall in US dollar. 2. Blow up in asset prices/excessive indebtedness. 3. Oil price shock/energy supply interruptions. 4. Chinese economic hard landing.

Description: These are the appendices to the research report entitled Longevity Risk Quantification and Management.

Description: The report examines various benchmarks for analyzing option adjusted spreads of the major fixed income asset classes of life insurance companies.

Description: Paper by Max Rudolph for the SOA on historical views on systemic risk and its applications.

Description: To help the next generations to retire with financial security, financial services companies, employers, and financial advisors must do more. There are two paths to doing more: providing programs that work without individuals making choices on their own, and providing more education and encouragement. This paper is an attempt to move these efforts forward by presenting ideas for what consumers, employers, financial professionals, financial services companies, and government should do to help deal with the ongoing retirement challenges.

Description: This report presents the results of a telephone study among Americans aged 45 to 80.

Description: Various studies suggest that the baby boomers have not saved sufficiently to provide for their retirement (e.g., CIA 2007). It is anticipated that the baby boomers will have to liquidate some or all of their assets to supplement their retirement income. This paper estimates the likely size of the asset liquidation and estimates the impact that an asset liquidation of such magnitude may have on asset prices.

Description: Sample policy lapse rate calculation.